Daily Compliance News

JANUARY 8, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      You thought “The Wolf of Wall Street” was bad? Leonard DiCaprio testifies to Grand Jury on 1MDB corruption scandal. (The Telegraph)·      Top non-Fed financial regulator named as new head of NY DFS (Wall Street Journal)·      What are some of the new ways companies can get hacked in 2019? (Fast Company)·       Need a raise? Trying using hostage negotiation tactics. (Financial Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

JANUARY 7, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Carlos Ghosn scheduled to a court appearance in Tokyo on Tuesday. What could go wrong? (New York Times)·      PG&E to shake up its Board. Will it matter? (Wall Street Journal)·      Marriott reveals more bad news on its hacker matter. (Washington Post)·       House of Representatives set to ban members from sitting on corporate boards. (MarketWatch) Learn more about your ad choices. Visit megaphone.fm/adchoices

JANUARY 4, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Peru AG reverses course on derailing Odebrecht investigation. (Reuters)·      Do you have a succession plan? (Wall Street Journal)·      US drops corruption on charge against former Barbados Minister. (Caribbean360)·       Former Colombian anti-corruption chief jailed for, you guessed engaging in corruption. (FCPA Blog) Learn more about your ad choices. Visit megaphone.fm/adchoices

JANUARY 3, 2019 BY TOM FOX In today’s edition of Daily Compliance News:Peru AG kills Odebrecht investigation. (New York Times)How the Dallas Mavericks responded to their #MeToo moment. (Bloomberg)Another guilty plea in the NCAA corruption scandal. (Washington Post)In the age of deregulation, Adam Smith returns. (Forbes) Learn more about your ad choices. Visit megaphone.fm/adchoices

JANUARY 2, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Is Facebook facing a reckoning? (Financial Times)·      Can nudges make your workplace better. (New York Times) ·      Sloan Kettering facing massive conflict of interest scandal. (New York Times)·       The FBI and Broadway. (New York Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

JANUARY 1, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Data abuses abound but will the FTC take action? (New York Times)·      Never good to be on the front page of the NYT accused advocating bribery. (New York Times) ·      Polycom’s culture failure and its FCPA enforcement action. (Radical Compliance)·      Ten great blogs posts from Grand Jury Target. (GrandJury Target) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 31, 2018 BY TOM FOX In today’s edition of Daily Compliance News:Larry Ellison joins the Tesla board. What could go wrong? (Wall Street Journal)The rise and fall of Carlos Ghosn. (New York Times)Lesson from Siemen’s (10 years later). (The Conversation)Lessons from the Polycom FCPA enforcement action.(FCPA Compliance and Ethics Report) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 28, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Polycom receives declination with disgorgement in FCPA enforcement action. (FCPA Blog)·      ISIS has $400MM to spend on terrorism. (Dipping Through Geometries) ·      Measuring corporate culture becomes more important in the UK. (Financial Times)·       Solo trek across the South Pole. (New York Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 27, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      India getting more foreign investment monies. Is your compliance program ready? (Wall Street Journal)·      How closely to you vet your sponsors? (Wall Street Journal)·      Former Nissan director released from jail in Japan. (New York Times)·       Should there be betting in tennis? (BBC) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 26, 2018 BY TOM FOX In today’s edition of Daily Compliance News:How did the Gupta family capture the South African government? (New York Times)How did GE burn out? ( Wall Street Journal)Goldman Sachs responds, will it help? (Wall Street Journal)Would you want your head examined by Bob Diamond?(Financial Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 24, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Want teamwork, think of Shackleton? (Financial Times)·      The Big Story profiles Tim Leissner. (Financial Times)·      Did Facebook put growth ahead of governance? (Financial Times)·       Will 2019 be the ‘Year of the Handshake’? (Financial Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 21, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      What is ‘sophisticated corruption’? (FCPA Blog)·      Rivals beating up SNC-Lavalin for the corruption. (Bloomberg)·      Arrests begin in Estonia over money-laundering. (The Local)·       What happens when a CCO attacks a whistleblower? (Radical Compliance) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 20, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Barclays fined $15MM by NY-DFS for attempted whistleblower unmasking. (Wall Street Journal)·      CBS on hook for Moonves legal fees. (NewYork Times)·      What is a ‘wolf’ culture? (Hint-it is not over-active males). (NewYork Times)·       Two former Panasonic Avionics execs hit with FCPA enforcement actions by the SEC. (FCPABlog) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 19, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      CBS will not pay Les Moonves $120MM in severance. (BBC)·      UBS draws $15MM fine for AML violations. (Wall Street Journal)·      When will CITGO, go? (Wall Street Journal)·       Trump Foundation agrees to dissolve. (Wall Street Journal) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 18, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Goldman Sachs criminally indicted in Malaysia. (Wall Street Journal)·      Facebook has another breach, this time on photos. (Washington Post)·      What is a naked release of ADRs? Apparently its not sexy but SEC levies big fine to BNY for doing so. (MarketWatch)·       Odebrecht fined $250 for corruption in Colombia.(Reuters) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 17, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Why was the CFO of Huawei charged with criminal conduct? She lied to HSBC. (New York Times)·      Why with Michael Flynn prosecuted by the Feds. He lied to the FBI. (National Review)·      Why has the Senate asked for the FBI to investigate the former head of USOC? He (allegedly) lied to Congress. (New York Times)·       What does Huawei arrest portend for Chinese elites? (Financial Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 13, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      What is your investigation protocol? What will the NFL do? (Sports Illustrated)·      OECD finds fewer penalties levied on bribe takers. (OECD Press Release)·       How low can bribes go? In Singapore, bribes of $1 are illegal. (Reuters)·       DOJ opens FCPA inquiry into alleged Colombian corruption (and suspicious deaths). (Bloomberg) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 12, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      CBS Corp more concerned that internal investigation leaked than substance of the report. (Wall Street Journal)·      UN estimates that $3.6 trillion is lost the world’s economy annually due to bribery and corruption. (UN Press Release)·       Former PdVSA procurement officer pleads guilty to obstruction in FCPA investigation? (FCPA Blog)·       Elon Musk does not respect the SEC. You are surprised why? (Washington Post) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 11, 2018 BY TOM FOX In today’s edition of Daily Compliance News:Two British banks ensnared in Huawei scandal. (Wall Street Journal)How exposed is Goldman Sachs in the 1MDB scandal? (New York Times)Fallout for SFO in the Tesco fraud trial continues.  (Financial Times)Shopping for Christmas? Check out these great gifts from Jho Low. (NewYork Times) Learn more about your ad choices. Visit megaphone.fm/adchoices